Friday, November 22, 2024

GAIL to Start Importing LNG Under Gazprom Deal

Posted by April 4, 2018

© vladsv / Adobe Stock

GAIL (India) to begin getting liquefied natural gas (LNG) under reworked deal with Gazprom from May, India's oil minister Dharmendra Pradhan told lawmakers on Wednesday
 
GAIL signed a 2.5 million tonnes a year LNG import deal with Gazprom in 2012

Supplies under the reworked deal will be gradually ramped up and likely to reach full volumes in 5-6 years, Pradhan said

GAIL and Gazprom in January renegotiated the gas purchase deal including pricing
 
Reporting by Nidhi Verma

Related News